When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
STNE - The Good The Bad And The Misunderstood: StoneCo Is A Strong Buy
StoneCo Ltd.
2024-03-21 11:25:42 ET
Summary
StoneCo's Q4 earnings report caused a sharp initial drop of -15% in the stock, which has since normalized to -3%.
I believe investors misunderstand the business, just as they did 2 years ago.
Since a drop for similar reasons 2 years ago, the stock has doubled. What's next now?
StoneCo (STNE) just reported its Q4 earnings. In after-hours trading, the stock dropped as much as -15%. Since, the dip has been almost completely been bought, so that the stock is down just around 3%....